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Domestic Air Traffic

Domestic air passenger traffic projected at 11.9 million in Feb: Icra

Domestic air passenger traffic is projected to have touched around 1.19 crore in February, only about 4 per cent lower compared to pre-Covid levels, rating agency Icra said on Monday. Icra has also revised the outlook for the domestic aviation industry to stable from negative, citing a fast-paced recovery in domestic passenger traffic in FY 2023 and the expected continuation of the same in FY 2024. "For February 2023, domestic air passenger traffic has been estimated at around 119 lakh, around 5 per cent lower than around 125 lakh in January 2023. "However, it witnessed a YoY (Year-on-Year) growth of around 54 per cent, as February 2022 was marginally impacted by the Omicron variant of Covid 19. Domestic passenger traffic in February 2023 was lower by only around 4 per cent compared to the pre-Covid levels (i.e. February 2020)," it said in a report. For the first 11 months of the current fiscal, Icra said domestic passenger traffic is projected at around 12.29 crore, a y-o-y growth

Domestic air passenger traffic projected at 11.9 million in Feb: Icra
Updated On : 13 Mar 2023 | 11:28 PM IST

Domestic aviation sector outlook stable; losses to reduce next fiscal: Icra

Rating agency Icra on Monday revised the outlook for the country's aviation sector to stable from negative, citing fast-paced recovery in the domestic air passenger traffic. The industry's loss in the current financial year is projected to be Rs 11,000 crore to Rs 3,000 crore and reduce to Rs 5,000 to Rs 7,000 crore in the next fiscal, it said in a report. While noting that the trend of passenger traffic is expected to continue in FY24, the agency said the industry has also witnessed improved pricing power, as reflected in the healthier yields and thus the revenue per available seat kilometre-cost per available seat kilometre spread of the airlines. "The same is expected to continue, given the sequential decline in aviation turbine fuel (ATF) prices from the peak of June 2022 and the anticipation of relatively stable foreign exchange rates," it said in the report. The outlook for the sector has been revised to stable from negative, Icra said, adding that domestic passenger traffic

Domestic aviation sector outlook stable; losses to reduce next fiscal: Icra
Updated On : 07 Mar 2023 | 12:19 AM IST

Delhi HC dismisses plea against Sikhs carrying 'kirpans' on flights

The Delhi High Court on Thursday dismissed a plea opposing the permission given to Sikhs to carry kirpans while travelling on civilian flights in India

Delhi HC dismisses plea against Sikhs carrying 'kirpans' on flights
Updated On : 22 Dec 2022 | 12:09 PM IST

Labour pain for travel sector: Agencies poaching staff to beat shortage

Smaller outfits losing customers, many firms outsourcing to larger players to stay afloat

Labour pain for travel sector: Agencies poaching staff to beat shortage
Updated On : 08 Dec 2022 | 10:35 PM IST

Domestic airlines flew 409,831 passengers on Sunday, highest since May 2020

Air traffic touches nearly 96 per cent of pre-Covid level

Domestic airlines flew 409,831 passengers on Sunday, highest since May 2020
Updated On : 28 Nov 2022 | 11:29 PM IST

Domestic air traffic increased by 10% in October, shows DGCA data

Indian airlines carried 1.14 crore passengers in October, 10 per cent higher than the number of people flown in September. Data released by the Directorate General of Civil Aviation (DGCA) on Tuesday showed that domestic air traffic jumped nearly 27 per cent to 114.07 lakh last month compared to the year-ago period when it was 89.85 lakh. In September, the air traffic number stood at 103.55 lakh. Air traffic has been picking up in recent months after the airline industry was significantly impacted by the coronavirus pandemic. The country's largest airline IndiGo's market share declined to 56.7 per cent in October compared to the previous month when it stood at 58 per cent. The market share of Vistara also fell to 9.2 per cent last month from 9.6 per cent in September, as per the data. Akasa Air, which started operations in August, had a market share of 1.4 per cent in October compared to 0.9 per cent in September. In October, Air India's market share stood at 9.1 per cent while

Domestic air traffic increased by 10% in October, shows DGCA data
Updated On : 22 Nov 2022 | 5:19 PM IST

Recovery tracker: More people travelling by air, workplace visits up 9.7%

Indian Railways registers higher growth in quantity of goods carried

Recovery tracker: More people travelling by air, workplace visits up 9.7%
Updated On : 18 Oct 2022 | 10:46 PM IST

Air traffic volume may recover to pre-pandemic level in FY23: CRISIL

The air traffic volume is expected to increase to the fiscal 2020 level of around 340 million passengers in FY23

Air traffic volume may recover to pre-pandemic level in FY23: CRISIL
Updated On : 17 Oct 2022 | 6:50 PM IST

Mumbai airport handles 260,000 passengers over weekend, most since May 2020

Delhi, Bengaluru and Chennai were the top three domestic destinations, while Dubai, Abu Dhabi and Singapore took the top three positions for highest international traffic

Mumbai airport handles 260,000 passengers over weekend, most since May 2020
Updated On : 20 Sep 2022 | 11:21 PM IST

Recovery tracker: Lower mobility, power generation in week ended Sept 14

Railway freight traffic numbers were higher than before

Recovery tracker: Lower mobility, power generation in week ended Sept 14
Updated On : 19 Sep 2022 | 5:15 PM IST

Domestic air passenger traffic rose 5% to 10.2 mn in August: ICRA

Domestic air passenger traffic rose 5 per cent to 1.02 crore in August and a fast-paced recovery in the traffic is expected this fiscal on the back of normalcy in flight operations and widening vaccination coverage, according to rating agency Icra. Releasing the monthly domestic air passenger traffic data for August on Thursday, Icra further said that international traffic for Indian carriers surpassed the pre-COVID level of around 19.8 lakh by 32 per cent. "The domestic aviation industry continues to witness recovery, with domestic passenger traffic for August 2022 estimated at around 102 lakh, around 5 per cent higher compared to around 97 lakh in July 2022 and around 52 per cent higher in comparison to the domestic passenger traffic in August 2021, although it fell short by around 14 per cent, compared to pre-COVID levels i.e. August 2019," Icra's Suprio Banerjee said. Banerjee is the Vice President & Sector Head - Corporate Ratings at Icra Ltd. In the first five months of this

Domestic air passenger traffic rose 5% to 10.2 mn in August: ICRA
Updated On : 15 Sep 2022 | 10:58 PM IST

Domestic air traffic drops 7.7% in July on the back of higher fares

Despite adverse reports regarding safety and DGCA curbs, SpiceJet reported the highest seat occupancy (84.7 per cent). AirAsia India had the highest on-time performance (95.5 per cent )

Domestic air traffic drops 7.7% in July on the back of higher fares
Updated On : 19 Aug 2022 | 12:48 AM IST

Domestic air traffic fell 8% in June due to higher fares, says DGCA

IndiGo continued to retain the number one spot with 56.9 per cent market share

Domestic air traffic fell 8% in June due to higher fares, says DGCA
Updated On : 23 Jul 2022 | 12:39 AM IST

Airlines upbeat as business travel rebounds after a 2-year lull in pandemic

Domestic air traffic till now was largely fueled by leisure and people visiting their families

Airlines upbeat as business travel rebounds after a 2-year lull in pandemic
Updated On : 30 May 2022 | 12:54 AM IST

Domestic air passenger traffic logs estimated 83% growth in April: ICRA

Domestic air passenger traffic is estimated to have logged an 83 per cent growth year-on-year at 10.5-million in April as Covid-19 infection cases waned, leaving a gap of just 5 per cent when compared to the pre-pandemic level, ICRA said on Monday. Indian carriers had flown around 11 million passengers in April 2019. However, the domestic airline operators saw the international passenger traffic marginally surpassing the pre-pandemic numbers (around 1.83 million), with total volumes standing at around 1.85 million, it said. It also said that rising aviation turbine fuel (ATF) prices due to ongoing geo-political issues linked to the Russia-Ukraine conflict continue to evolve as a major threat to the recovery process. For April 2022, the average daily departures were at around 2,726, notably higher than the average daily departures of around 2,000 in the same month a year earlier and higher compared to around 2,588 in March 2022, said Suprio Banerjee, Vice-President & Sector Head, ..

Domestic air passenger traffic logs estimated 83% growth in April: ICRA
Updated On : 09 May 2022 | 11:59 PM IST

Domestic air traffic up 20% sequentially to 7.69 million in February

Airlines saw a sharp rebound in traffic with the decline of Covid cases and easing of restrictions

Domestic air traffic up 20% sequentially to 7.69 million in February
Updated On : 21 Mar 2022 | 11:53 PM IST

Jan domestic air traffic drops 42.7% on flight cancellations, curbs

Traffic had started slowing down in end December, as airlines pruned capacity due to fall in demand. Market leader IndiGo cut flights by 20% in January, daily passenger figure fell below 200,000

Jan domestic air traffic drops 42.7% on flight cancellations, curbs
Updated On : 19 Feb 2022 | 12:14 AM IST

AirAsia India curtails flights till Feb 10 as third wave impacts demand

Domestic traffic has shrunk 38% in first three weeks of Jan, forcing airlines to adjust schedules. Overall industry-wide number of daily departures down to 1,600-1,800 from over 2,500 last month

AirAsia India curtails flights till Feb 10 as third wave impacts demand
Updated On : 24 Jan 2022 | 1:17 AM IST

Domestic air traffic at 11.1 mn in Apr-Dec; 44% lower against Apr-Dec 2019

On a sequential basis, the growth in December was recorded at 5-6 per cent over November 2021

Domestic air traffic at 11.1 mn in Apr-Dec; 44% lower against Apr-Dec 2019
Updated On : 11 Jan 2022 | 12:02 AM IST

Omicron has cast a shadow of uncertainty on growth outlook: IndiGo CEO

However, the airline is stronger now when compared to situation in 2020 during the first wave of the pandemic, says Ronojoy Dutta

Omicron has cast a shadow of uncertainty on growth outlook: IndiGo CEO
Updated On : 30 Dec 2021 | 8:29 PM IST